Hedge Funds and Banks Play Winners and Losers in Latest Ukraine Fallout
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If someone's losing money on something, odds are someone, somewhere is making money.
The latest fiscal yin-yang opened up on Wall Street last week, where several hedge funds that made commodity bets are earning big amid the geopolitical certainty of Russia's invasion of Ukraine. Meanwhile, several banks are eating billions worth of write-downs as they pull out from the Russian economy.
Source Fool.com
